top of page
Search
  • Writer's pictureThe Lincoln Accounting Team

Fractional CFO: who, what, and why

Hey again,


We're feeling the wirting mojo today...


Ever heard of a Fractional CFO? No? Let me tell you, it’s the secret weapon your business needs.


Imagine having a seasoned CFO at your disposal, without the heavy cost of a full-time hire.


Sounds like a dream? It’s not.


Meet the Fractional CFO.


A part-time Chief Financial Officer, typically hired by startups and growing businesses, to share their financial wisdom, strategic planning expertise, and more.


Let's talk numbers, shall we?


A full-time CFO will cost you anywhere between $250,000 to $450,000 a year. Ouch!


But a fractional CFO? You're looking at $250-$500 an hour, or a monthly retainer of $5,000-$12,000 for 5-6 hours of work a week.


Now that's what I call bang for your buck!


And the benefits don't stop at cost-saving.


They can help you crush business plans, secure venture capital, improve cash flow, and enhance financial systems. They even have your back in M&A deals and pre-IPO preparation.


But how do you find this unicorn, you ask?


Well, there's no shortage of ways. You've got professional referrals from CPA firms and attorneys, word-of-mouth networking, Fractional CFO businesses, and even freelancer platforms.


So, are you ready to supercharge your business with the power of a Fractional CFO?


Your bank account will thank you, trust me.


Keep hustling,


R&S



5 views0 comments

Recent Posts

See All

Hands-free bookkeeping

Hey there, AI is here, and it's not playing games. Lincoln is at the forefront. Shameless plug, we know. But here us out: Name another CPA firm that utilizes the tech that we do to make our clients' l

How AI is obliterating old-School accounting

Hey y'all, Think your finance team works hard? Think again. AI is the new beast on the block – faster, stronger, and relentless. Forget the old days of slogging through spreadsheets. AI in finance is

Comments


bottom of page